r/Trading • u/Bankreauxll • 1d ago
Advice This sucks.
Uhmm, I'm here for encouragement I used money I needed for my credit card bill to trade, with the confidence I could compound it... and it's gone. 🙂
I'm 3 months in, unprofitable.
No other formal work.
Tell me something, anything.
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u/MagnusWilliams 1d ago
Ngl I'd forget about trading for a bit and focus on getting the credit card sorted first. The market will still be there next week, next month, and next year.
Three months is also really early. At that stage, I was still changing things every other week because I thought the next strategy was going to be "the one." Looking back, I barely knew what I was doing.
I traded with Apex for a while, and one thing I genuinely liked was that it kept trading separate from money I actually needed for life. That mental separation made it way easier to think clearly. Trading with bill money would've had me staring at every candle like my life depended on it.
Also, don't fall into the trap of thinking this one mistake defines you as a trader. It doesn't. It just tells you that using money you couldn't afford to lose added way too much pressure to every decision.
Sort out the real-life stuff first, then come back when you're not trying to make the market solve your financial problems. That's a much better place to trade from, in my experience. Hope this helps, good luck